October WTI crude oil (CLV25) today is down -1.20 (-1.85%), and October RBOB gasoline (RBV25) is down -0.0330 (-1.65%). Crude oil and gasoline prices today are moving lower as global crude supply concerns eased after Russia said one of its largest …

NEW DELHI: The petroleum and natural gas ministry has said crude oil suppliers remain hesitant to settle import bills in Indian rupees due to the country’s trade imbalance. The statement comes in response to concerns raised by the Standing Committee on …

… global oil supply this year and next.  The IEA on Wednesday now sees global oil supply …

Global oil markets are poised for a larger surplus than previously expected this year, with supply set to grow more than three times faster than demand, the International Energy Agency said in its closely watched monthly report. The Paris-based …

The added tariffs that President Donald Trump imposed on India to pressure it to stop purchasing Russian oil could have ripple effects on the global market. This week, Trump said that he was raising the tariff on goods imported from India from the …

… told Reuters, pointing out that global oil supply is already stretched. Russia might …

AS Guyana continues to rise as an oil-producing nation, the focus must now shift towards sustained capacity building to ensure local suppliers are not only participating in the industry but are also leading it. This is according to President of the Guyana …

… have a major impact on global oil supplies. Crude prices fell in early …

… for global oil supply this year and next.  The IEA increased its global oil supply growth … has hiked its forecasts for global oil supply this year and next, while … Covid. The IEA said that global oil supply is expected to rise by …